Pak Suzuki Motor Company has announced its third price hike in less than 30 days, resulting in an increase in the prices of some of its more affordable car models. This move follows the ongoing trend, with Pak Suzuki citing mounting inflation and local currency depreciation as the primary reasons for the price increase.

With immediate effect, the revised car prices are as follows:

VariantsOld Price (Rs)New Price (Rs)Increase (Rs)
Alto VX2,034,0002,144,000110,000
Alto VXR2,359,0002,487,000128,000
Alto VXR AGS2,528,0002,665,000137,000
Alto VXL AGS2,615,0002,795,000144,000
Wagon R VXR2,877,0003,062,000185,000
Wagon R VXL3,052,0003,248,000196,000
Wagon R AGS3,348,0003,563,000215,000
Cultus VXR3,326,0003,540,000214,000
Cultus VXL3,654,0003,889,000235,000
Cultus AGS3,906,0004,157,000251,000
Swift GL M/T3,807,0004,052,000245,000
Swift GL CVT4,092,0004,335,000263,000
Swift GLX CVT4,462,0004,725,000263,000
Bolan VX1,754,0001,852,00092,000

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A production halt was announced by the manufacturer last week as a result of the continued economic downturn and inventory constraint. Further days without manufacturing indicate a greater sales drop. That might result in Pak Suzuki losing a considerable portion of its market share, especially in light of the recent price increase.